Structurlam receives 90-day extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., Nov. 10 – Structurlam Mass Timber U.S., Inc. received an extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the court extended the exclusive plan filing period by 90 days through Feb. 15 and the exclusive solicitation period by 90 days through April 15.

This is the company’s second exclusivity extension.

As previously reported, the company received conditional approval of the disclosure statement for its plan. The combined hearing on the plan and disclosure statement is set to take place on Dec. 19.

The debtor is a manufacturer of mass timber solutions and has headquarters in Penticton, B.C. The company filed Chapter 11 bankruptcy on April 21, 2023 under case number 23-10497.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.